Fundraising | May 19, 2015 Hermes relaunches U.K. real estate debt fund, holds £1b close by Andrea Waitrovich Hermes Investment Management has announced the relaunch of its U.K. real estate debt fund and a £1.16 billion final close.
Transactions | May 19, 2015 Singapore REIT buys retail property in Australia by Andrea Waitrovich Singapore-based Starhill Global REIT has acquired a retail property in Australia, marking it the largest retail property deal in Australia year-to-date.
Transactions | May 19, 2015 UPDATED: Two NYC properties to sell for $2.9b by Andrea Waitrovich In separate deals, two properties in Manhattan are under contract to be sold with a total sales price of $2.9 billion.
Investors | May 19, 2015 Virginia pension fund searches for real estate manager by Zoë Wolff The Danville (Va.) Employees' Retirement System has issued an RFP for a real estate manager.
Fundraising | May 18, 2015 LGP announces £403m close for U.K. fund by Andrea Waitrovich Legal & General Property has announced the final close of U.K. Property Income Fund II.
Transactions | May 18, 2015 Patrizia acquires European residential portfolio by Andrea Waitrovich Patrizia Immobilien has announced the successful takeover of a Scandinavian real estate fund for €900 ($1 billion) in an off-market transaction.
Investors | May 18, 2015 Chinese companies to invest $500m in India by Andrea Waitrovich India-based GMR Infrastructure has entered into an agreement with China's Guizhou International Investment Corp.
CPPIB invests in retail in Europe and Asia by Andrea Waitrovich In two separate deals, the Canada Pension Plan Investment Board has invested more than $1.2 billion for its international portfolio.
Investors | May 18, 2015 SFERS commits €100m to Nordic real estate fund by Zoë Wolff The San Francisco Employees' Retirement System has committed € 100 million ($113.5 million) to a Nordic region real estate fund.
Investors | May 18, 2015 Illinois State Board of Investment searches for real estate consultant by Zoë Wolff The Illinois State Board of Investment has issued an RFP for a real estate consultant.
Transactions | May 15, 2015 Recent commercial real estate transactions by Andrea Waitrovich The largest transactions were a shopping center in Florida and an apartment complex in New York City.
Transactions | May 14, 2015 M&G makes £167m office acquisition by Andrea Waitrovich M&G Real Estate has acquired an office in London from Aberdeen Asset Management.
Investors | May 14, 2015 Chicago Transit searches for core real estate managers by Zoë Wolff The Retirement Plan for Chicago Transit Authority Employees is searching for a real estate manager.
Transactions | May 14, 2015 JV buys development site in Hong Kong by Andrea Waitrovich A Chinese joint venture has purchased a development site in Hong Kong for $392 million.
Investors | May 13, 2015 Wisconsin commits $225m to two real estate funds by Zoë Wolff The $89.9 billion State of Wisconsin Investment Board has committed $225 million to two real estate funds.